physical capital to study the interaction of international capital flows and growth. Analytically, we study conditions under … long-term growth via the accumulation of human capital. Our mechanism shows how a small initial difference in the level of …

The convergence features of an Endogenous Growth model with Physical capital, Human Capital and R&D have been studied …

. Notably, (v) the model may transition to either a neoclassical steady-state or long-run endogenous growth, so it has the … potential to account for a wide range of growth experiences …

Externalities play a central role in most theories of economic growth. We argue that international externalities, in … particular, are essential for explaining a number of empirical regularities about growth and development. Foremost among these is … that many countries appear to share a common long run growth rate despite persistently different rates of investment in …

Aging of the population will affect the growth path of all countries. To assess the historical and future importance of …. We first simulate an endogenous growth model with human capital linking demographic changes and income growth. Rising … longevity increases the incentive to get education, which in turn has ever-lasting effects on growth through a human capital …

We explore the relationship between government size and economic growth in an endogenous growth model with human … find a non-monotonic relationship between the size of government and economic growth. We find that with very high (low …) discounting, there is a unique low (high) growth equilibrium, regardless of the size of government. For the intermediate range of …

about the evolution and dynamics of output growth? Largely, no. Second, the existence and magnitude of output externalities …

trajectory and the key sources of growth is important for the design of policies to counteract these adverse long-term trends …. For this purpose, we develop a novel long-run forecast framework based on enodogenous growth theory with human and fixed … prevented by increasing fertility, skilled immigration, education or employment, even reaching a growth rate of one per cent …

Does a country's level of unemployment have an impact on the long-run growth rate? Incorporating unemployment into a … generalised Solow-type growth model yields some answers. In the traditional Solow model, unemployment has no long-run influence on … the growth rate and the level of productivity. The long-run level of productivity is reduced if higher unemployment leads …